{"id":16923,"date":"2025-03-09T23:31:47","date_gmt":"2025-03-09T23:31:47","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=16923"},"modified":"2025-03-09T23:31:47","modified_gmt":"2025-03-09T23:31:47","slug":"sunday-blues-for-bitcoin-as-it-tumbles-back-to-80k","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=16923","title":{"rendered":"Sunday Blues for Bitcoin as It Tumbles Back to $80K"},"content":{"rendered":"
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lt’s yet another Sunday selloff in crypto, with bitcoin (BTC) looking set to retest its 2025 low of just about $78,000.<\/p>\n

At just past 7:00 pm ET, bitcoin had slumped to exactly $80,000, down 7% over the past 24 hours. The world’s largest crypto did manage the most modest of bounces from there, trading at $80,700 at press time. Ether (ETH), solana (SOL) and XRP (XRP) were lower by similar amounts, while cardano (ADA) and dogecoin (DOGE) had plunged closer to 12%.<\/p>\n

“There could be a little disruption,” said U.S. President Donald Trump in a Fox News appearance<\/a> on Sunday when asked about the impact of his tariff and budget-cutting policies. “If you look at China, they have a 100-year perspective \u2026 we go by quarters,” he continued. “What we\u2019re doing is building a foundation for the future.”<\/p>\n

Trump’s comments were dubbed “Volckering” by some on social media \u2014 a reference to former Federal Reserve Chairman Paul Volcker. Shortly after being appointed to the position by Jimmy Carter in 1979, Volcker moved to break the back of a decade-long inflation by jacking up short term rates to unheard of levels, knowing that by doing so, the U.S. would surely have to experience a brutal recession.<\/p>\n

By the time Volcker had finished tightening policy roughly 18 months later, the Fed funds rate had hit 20% and the economy indeed had gone through a difficult contraction. Inflation, however, was broken and the stage was set for growth throughout most of the following decade.<\/p>\n

In early Sunday evening action, U.S. stock index futures were lower by about 0.85% across the board.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"

lt’s yet another Sunday selloff in crypto, with bitcoin (BTC) looking set to retest its 2025 low of just about $78,000. At just past 7:00 pm ET, bitcoin had slumped to exactly $80,000, down 7% over the past 24 hours. The world’s largest crypto did manage the most modest of bounces from there, trading at […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-16923","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16923","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=16923"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/16923\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=16923"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=16923"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=16923"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}